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Franz Hahn
“Bank Aid for Hypo Group Is too Late“
The Austrian economist Franz Hahn argues that capital injections into Hypo Group Alpe Adria are ineffective.
November 16, 2013
Austrian Banking Package: Costs May Reach € 30bn
In total, the burden for Austrian taxpayers is expected to reach up to 10% of GDP.
October 1, 2013
Hypo Group Needs Even More Money
The nationalized Austrian bank needs fresh funds of more than € 700m. For the Austrian taxpayers, the banking package becomes more and more costly.
July 21, 2013
Kommunalkredit to be Liquidated
The EU Commission has approved the plans submitted by the Austrian government. The nationalized bank will need further state aids.
July 20, 2013
WIFO: „Shut Down Hypo Group“
The Austrian Institute of Economic Research (WIFO) recommends closing the nationalized banking group. The number of banks is expected to shrink radically.
December 27, 2012
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